Opinion · Supreme Court of the United States

Citytrust v. Joy

Citytrust v. Joy, 460 U.S. 1051 (1983)

Type
Opinion
Court
Supreme Court of the United States
Jurisdiction
Federal
Date
1983-03-28
Topic
general

How later courts describe this case

  • stating that judicial scrutiny of board’s business judgment in demand-required cases is “limited”
  • “This section [12 U.S.C. § 24] simply sets forth the general corporate powers of associations. It does not provide that the powers therein are meant to preempt state law.”

Citator

UpLaw has not yet analyzed Citytrust v. Joy. The absence of a flag is not a finding that it is good law.

Cited by
30 opinions

C. A. 2d Cir. Certiorari denied.